Alexandre Lacazette could be back on the transfer market, after Atletico Madrid's transfer ban scuppered his dream move to the Spanish capital.

The Lyon striker had been set to join up with Diego Simeone's side this summer, but their sanctions were upheld by the Court of Arbitration for Sport (CAS).

Atletico were banned in July 2016 from registering players for two transfer windows after breaching Fifa rules over the signings of minors, meaning January is the earliest time they can play a new signing.

Under the terms of the ban, Atleti can sign players this summer, but they would not be able to be registered until January – meaning they would miss six months of their career.

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This has thrown Lacazette's future into doubt, with Lyon president Jean-Michel Aulas admitting Atletico's failed appeal to CAS has “changed everything”.

He told L'Equipe: “Real Madrid have their sanction reduced, but that wasn't the case for Atletico. It is both good and bad news because economically it was a very important transfer and the sanction changes everything.